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Bitcoin's value plummeted, as authorized by analysts, reaching as low as $117,000.

Bitcoin experienced a 2% drop on August 12, falling from $122,000 to $118,000. Michael van de Poppe, the founder of MN Trading, deemed the day's candle as "quite ugly" and advised permissible reductions.

Bitcoin's value plummeted beneath the $117,000 mark, sanctioned by analyst predictions.
Bitcoin's value plummeted beneath the $117,000 mark, sanctioned by analyst predictions.

Bitcoin's value plummeted, as authorized by analysts, reaching as low as $117,000.

After a 2% decline on August 12, 2025, Bitcoin's price dipped to around $118,000. Despite this setback, recent analysis indicates a generally bullish trend with expected price gains in the near term.

Short-term Recovery and Upward Momentum

Technical indicators show Bitcoin poised to increase, with forecasts projecting a rise of about 2.06% to approximately $117,548 by August 25, 2025. This bullish market sentiment is further supported by a Fear & Greed Index that indicates moderate greed, with a score of 60.

August to September Expected Growth

Analysts predict Bitcoin could reach up to $130,000 by the end of August 2025, driven by investor confidence, ETF inflows, and improved market sentiment despite short-term volatility. Average prices for September 2025 are forecasted around $128,000 with potential peaks near $131,700.

Price Volatility Remains but Bullish Targets are Set

Despite recent decline and typical volatility, the broader trend includes expectations of a continued rebound. Some analysts target $145,000 to $200,000 by the end of 2025, grounded in institutional forecasts (Standard Chartered and Citigroup).

Long-term Outlook

The long-term outlook remains optimistic, with some institutional and crypto models projecting high prices. For example, Ark Invest projects $1 million Bitcoin within five years, and PlanB’s Stock-to-Flow model predicts $500,000 in the medium term. For 2025, targets range between $145,000 and $200,000 based on adoption and supply dynamics.

Market Drivers

Key market drivers include increased institutional purchases, higher speculative appetite (evident in CME futures funding rates), declining exchange balances, and macroeconomic factors such as weakening USD and potential interest rate cuts.

In Summary

In summary, despite the recent 2% dip to $118,000, the consensus among analysts is a bullish rebound with potential for Bitcoin to surpass $130,000 in late August and continue toward higher targets by year-end, supported by improving investor sentiment and strong institutional interest. The Fear and Greed index is kept at the mark 68, which corresponds to the 'greed' zone, indicating a strong bullish sentiment among investors. Despite a brief setback on August 12, investors are still expecting new records in the near future.

Investing in Bitcoin in the near term, following a 2% decline on August 12, 2025, could offer potential returns as recent analysis predicts a bullish rebound, with expectations of Bitcoin surpassing $130,000 in late August. The bullish market sentiment is driven by increasing investor confidence, ETF inflows, and improved market sentiment despite short-term volatility, and supported by a Fear & Greed Index that indicates moderate greed, with a score of 60. Technology plays a significant role in this bullish trend, with various analysts, models, and institutions projecting prices ranging between $145,000 and $200,000 by the end of 2025, driven by factors such as increased institutional purchases, declining exchange balances, and macroeconomic factors like weakening USD and potential interest rate cuts. Finance, therefore, remains a key aspect of securely and intelligently investing in Bitcoin in the long term.

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